About Proxce Technologies Private Limited
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Proxce Technologies Private Limited is a private limited company based in Bengaluru, Karnataka, India, a subsidiary of M/S Oloid Inc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 07 January 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2016PTC119485. Its GSTIN is 29AAICP4381J1ZW (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.93 Lakh. It is led by directors Shankar Agarwal and Madhu Kiran Madhusudhanan.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Indiqube Gamma 4th Floor No – 293/154/172 Outer Ring Road Kadubeesanahalli, Bengaluru, Karnataka, India – 560103.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.43 Cr, a growth of 50% compared to the previous year. For the same year it recorded a net loss of ₹5,007 (net margin 0%) and EBITDA of ₹12.31 Lakh (EBITDA margin 0.9%). Revenue has grown at a compounded annual rate (CAGR) of 59% over three years and 53% over five years.
The company has about 26 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Proxce and Oloid Technologies.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website proxce.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressIndiqube Gamma 4th Floor No – 293/154/172 Outer Ring Road Kadubeesanahalli, Bengaluru, Karnataka, India – 560103
- IndustryInformation Technology, Application Development & Software Solutions, IT Consulting & Support Services
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
CIN History of Proxce Technologies Private Limited
Proxce Technologies has one previous CIN (Corporate Identification Number): U72900RJ2016PTC049025. The current CIN is U72900KA2016PTC119485, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900KA2016PTC119485 | Current |
| U72900RJ2016PTC049025 | Previous |
Associated Brands with Proxce Technologies Private Limited
Proxce Technologies operates two associated brands: Proxce and Oloid Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides technology for personalized user experiences online. | proxce.com | |
| SaaS-based solutions for building security management are provided. | oloid.ai |
Competitors & Alternatives of Proxce Technologies Private Limited
Brands and companies operating in the same space as Proxce Technologies Private Limited include Salto Systems, Evrotrust, 1Kosmos and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Salto Systems | Electronic access control systems are manufactured for scalable lock management. | Oiartzun, Spain | 2001 |
 Evrotrust | AI-based identity verification and electronic signing are provided for businesses. | Sofia, Bulgaria | 2015 |
 1Kosmos | Blockchain-based passwordless authentication is delivered for customers. | Somerset, United States | 2016 |
 Ajax Systems | Connected security systems with detectors and hubs are provided. | New York, United States | 2011 |
 Kisi | Keyless access management platform is developed for enterprises. | Brooklyn, United States | 2012 |
 Minut | Security sensors for residential hazard detection are developed. | Malmo, Sweden | 2014 |
 Nymi | Biometric authentication is provided via wearable wristband technology. | Toronto, Canada | 2011 |
 IDEMIA | Provider of biometric and cryptographic solutions for secure transactions and identity | Courbevoie, France | 2007 |
 Dormakaba | Access control solutions for personnel, vehicles, and buildings are provided. | Rumlang, Switzerland | 1862 |
 Lumos | Federated identity management solutions are provided for various industries. | San Francisco, United States | 2020 |
Business Activity of Proxce Technologies Private Limited
The main business activity of Proxce Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Proxce Technologies Private Limited
Proxce Technologies Private Limited is audited by RUCHI SIKKA & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RUCHI SIKKA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Proxce Technologies Private Limited
Proxce Technologies has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shankar Agarwal | Director | 19 Jul 2019 | 7 Years 2 Months | Current |
| Madhu Kiran Madhusudhanan | Director | 07 Jan 2016 | 10 Years 8 Months | Current |
Financials of Proxce Technologies Private Limited FY 2025 filings available
Proxce Technologies Private Limited reported revenue of ₹13.43 Cr (up 50% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Proxce Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 53% over five years, including 50% growth in the latest year. EBITDA rose 126% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Proxce Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹12.31 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹5,007 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Proxce Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Proxce Technologies are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Proxce Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Proxce Technologies Private Limited
Proxce Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Proxce Technologies Private Limited
Proxce Technologies Private Limited has a workforce of 26 employees as of Mar 30, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Proxce Technologies Private Limited
Proxce Technologies has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICP4381J1ZW | Karnataka | Active | 01 Sep 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Proxce Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Proxce Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Proxce Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Proxce Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Proxce Technologies Private Limited
Frequently Asked Questions about Proxce Technologies Private Limited
Proxce Technologies is an active private limited company based in Bengaluru, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 07 January 2016 (10+ years old) and is registered under CIN U72900KA2016PTC119485.
Proxce Technologies reported revenue of ₹13.43 Cr for FY 2025 (up 50% YoY).
Proxce Technologies has 2 current directors:
- Shankar Agarwal - Director
- Madhu Kiran Madhusudhanan - Director
Proxce Technologies reported a net loss of ₹5,007 (net margin 0%) and EBITDA of ₹12.31 Lakh (EBITDA margin 0.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Proxce Technologies is 59% over three years and 53% over five years. In the latest year (FY 2025) revenue rose 50%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Proxce Technologies is 29AAICP4381J1ZW, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Proxce Technologies is U72900KA2016PTC119485. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Proxce Technologies was incorporated on 07 January 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Proxce Technologies can be reached through the website proxce.com. Its registered office is in Bengaluru, Karnataka, India.